Military mutual insurer USAA has now secured the upsized target for $425 million of multi-peril aggregate reinsurance protection from its latest catastrophe, with the new Residential Reinsurance 2025 Limited (Series 2025-1) deal now priced within the initial guidance.
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We’ve learnt that insurer USAA is aiming to upsize its latest catastrophe bond to provide as much as $425 million of annual aggregate reinsurance protection, an increase from the initial $400 million target, for this new Residential Reinsurance 2025 Limited (Series 2025-1) deal.
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USAA is back with the 45th catastrophe bond issuance we have tracked that the company has sponsored, initially targeting $400 million of annual aggregate reinsurance protection from a new Residential Reinsurance 2025 Limited (Series 2025-1) deal, Artemis can report.
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